Noteworthy Tuesday Option Activity: ELAN, TWLO, MU
October 04, 2022 at 15:35 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Elanco Animal Health Inc (ELAN), where a total volume of 39,303 contracts has been traded thus far today, a contract volume which is representative of approximately 3.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.6% of ELAN's average daily trading volume over the past month, of 7.6 million shares..